According to Health Minister M Subramanian, free vaccination camps will be hosted by the TN government via private hospitals availing the CSR funds provided by private companies. 117 private hospitals in Coimbatore, Tirupur, Erode, and Salem have held conversations with the health ministry. Slowly the whole scheme will be expanded to different parts of the state. Reportedly, Rs 61 lakh has been collected which can likely vaccinate 7,800… read-more
Courtesy: Deccan Chronicle
The Indian origin Amika George is the youngest to get selected in MBE (Member of the Order of the British Empire) and has achieved the third rank on the list. The 21-year-old youngster started the campaign against poverty periods #FreePeriods four years ago aiming to eradicate period, the hurdle for schoolgirls to pursue education. Focusing upon free period products, the UK government started giving funds to educational institutes last year… read-more
Courtesy: The Quint
Delhi Deputy CM Manish Sisodia on May 15 announced Rs 1,051 crores fund for three municipal corporations to pay salaries to employees and healthcare workers. Allocating Rs 367 crore, Rs 432 crore and Rs 251 crore for east, north and south corporations respectively, Sisodia stated the funds should be used to pay salaries and not “diverted for other uses". He also accused Municipal Corporations of Delhi of "mismanagement and corruption".
Courtesy: The Economic Times
Google has created $100 million funds for YouTube Shorts in order to pay users for making engaging content and will roll out this option for users in the US and India. YouTube will get in touch with creators with original content and wide-scale engagement. Although the payment amount is unknown, YouTube plans to keep it up till 2022. This initiative is seen to rival the now banned Chinese app Tiktok.
Courtesy: Gadgets Now
Indian equity mutual funds have recorded an inflow of Rs 9,115 crore in March. Witnessing inflows for the first time in nine months, the Association of Mutual Funds in India data reported Rs 4,534-crore outflow from the equity and the equity-linked schemes in February. Reportedly, the overall outflow stood at Rs 29,745 crore for the period studied. Meanwhile, gold exchange-traded funds witnessed an inflow of Rs 662 crore in March.
Courtesy: Business Standard
Securities market regulator SEBI has urged the fund houses to contribute to Limited Purpose Clearing Corporation (LPCC) in a newly revised formula framed in FY 2020-21. Reportedly, the contributions now includes assets in conservative hybrid funds while excluding assets in gilt funds and overnight funds. Earlier, the formula was in accordance to the rules framed in FY 2019-20. Notably, contributions to LPCC improves liquidity in corporate… read-more
Suresh ‘Bhaiyyaji’ Joshi, general secretary of the RSS, on January 14 launched a drive in J&K to collect funds for Ayodhya's Ram Mandir construction. Reaching out to the people and asking for their active participation, Joshi said that the drive also aims to connect with the people and society. The drive started as a part of the RSS’ nationwide campaign to collect funds for the temple's construction will continue till February 27.
Courtesy: The New Indian Express
The Kerala government has planned to expand and renovate Elephant Rehabilitation Centre at Thiruvananthapuram's Kottur to attract tourists. The project would be undertaken with a funding of Rs 108 crore from Kerala Infrastructure Investment Fund Board. The construction will cover around 176 hectares of forest including various amenities like a veterinary hospital, museum and cemetery among others. The centre will also have a system to produce… read-more
Courtesy: India Times
Gujarat government informed in the state assembly that it was unable to furnish data regarding the usage of Rs 14,022 crore under 'Atmanirbhar Gujarat Sahay Yojana'. Replying to questions on the beneficiaries, the Industries Minister said the Atmanirbhar package was spread across various departments and it cannot collect data in 'short-notice'. CM Vijay Rupani said if officials were directed to collect data, it could affect their work on… read-more
Courtesy: The Indian Express
The European Union has recommended its members to use €750 billion for COVID-19 recovery packages. They have asked their 27 member countries to spend money on green energy, transport, and also focus on other areas. EU official Paolo Gentiloni said, "The guidance aims to help the member states to prepare national plans in line with our agreed objectives". The member countries can apply for said grants from January 2021.